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Being a Los Angeles-based provider of outsourced CFO services, we are in a good position to hear about the challenges and plans of area CEOs and CFOs.
This month, "uncertainty" seems to be a top-of-mind sentiment, given the frequency and intensity of recent economic developments like the following: S&P's downgrading of the U.S. credit rating. Ensuing market volatility. The European sovereign debt crisis. Lower manufacturing metrics. And potential tightening in credit conditions.
We're hearing area executives respond with a series of questions that include the following: Should we invest or hold on to our capital? Should we make budget cuts, and, if so, where? Will we have access to capital? What type of economic growth lies ahead?
To these, I will add one more question: Could a no-obligation conversation with an experienced CFO be helpful in your deliberations?
If so, please contact me. I would be pleased to meet with you and offer an assessment and recommendations.
Below are links to full articles we have written since the last newsletter. I hope you find them informative and welcome your feedback.
Sincerely,
Arthur F. Rothberg
Mangaging Director
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When changes take place in rules governing accounting for revenue, it is a highly significant event. Reviewed is the planned re-exposure of a revised Revenue Recognition Exposure Draft along with suggested actions to prepare for upcoming changes.
Recent resource material is reviewed to present current perspectives on corporate governance, risk management, and six areas in which executives and boards of directors need to take action.
This article looks at best data security practices that should characterize the working relationship and be included in the contract between companies and their BPO service providers. 